Montclair, NJ – In an effort to help raise up businesses and business owners affected by the COVID-19 pandemic, C3Workplace will be offering pro bono services, software training, free online events, and business continuity strategy sessions. The series of offerings will be tailored to the needs of the small business community.
Author: Mark Diana | Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
Many of you already receive our daily COVID-19 updates, but for those who don’t and would like some helpful resources, I wanted to pass this along so you have it at your fingertips. Some of these resources are geared toward employers with more than 500 employees (and thus not covered by the Families First Coronavirus Response Act) and some are geared toward employers with fewer than 500 employees (and thus covered by the law).
TRENTON, N.J. (March 31, 2020) – The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Grant Program on Friday, April 3, 2020 at 9:00 am. A link to the grant program application will be posted on the State’s COVID-19 Business Information Hub. The grant program is part of a package of initiatives announced last week to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.
March 21, 2020 | In today’s tumultuous COVID19 times, Governor Murphy closed non-essential businesses in New Jersey. In his speech, the Governor specifically identified printers as essential. Some may be asking why, since people may associate printers with only making postcards and such. But there’s a lot more going on behind the scenes that go well beyond making postcards.
MORRISTOWN, NJ – March 23, 2020 Many local families will be impacted financially as a result of the COVID-19 crisis. Preschool Advantage is here to help and continues to accept applications for tuition assistance for children to attend its partner preschools for the school year beginning in September 2020.
March 17, 2020 | The companies will jointly develop BioNTech’s mRNA-based vaccine candidate BNT162 to prevent COVID-19 infection. This collaboration aims to accelerate global development of BNT162, by leveraging expertise and resources of both companies.
Daniel Mayo, Withum
In response to the Treasury Secretary’s statements, the IRS today issued Notice 2020-18 to supersede its prior guidance, Notice 2020-17, issued two days earlier.
The new Notice confirms that the extension from April 15 to July 15 applies to all taxpayers and without any taxable amount limits. Here is what we know:
The Notice is very taxpayer friendly and resolves most if not all of the outstanding questions relating to the extension.
This Notice applies to Federal income taxes only, and not to state taxes. Many of the states are likely to follow this approach, but specific state guidance is required to make that happen.
If you have any questions regarding this notice, please reach out to your Withum tax advisor or contact us here.
NEW YORK, March 13, 2020— Pfizer today issued a five-point plan calling on the biopharmaceutical industry to join the company in committing to unprecedented collaboration to combat COVID-19.
Dr. Albert Bourla, Chairman and CEO, made the following statement: “In this troubling time, Pfizer is committed to doing all we can to respond to the COVID-19 pandemic. Many companies, including Pfizer, are working to develop antiviral therapies to help infected patients fight this emerging virus as well as new vaccines to prevent infection and halt the further spread of this disease. Pfizer is working to advance our own potential antiviral therapies and is engaged with BioNTech on a potential mRNA coronavirus vaccine. We are committed to work as one team across the industry to harness our scientific expertise, technical skills and manufacturing capabilities to combat this evolving crisis.”
Daniel Mayo, Principal, Withum
The Senate voted today and approved the Families First Coronavirus Response Act to provide taxpayers with a range of benefits, including (i) employer tax credits, (ii) paid sick and family leave for employees, (iii) expanded food and nutrition services, (iv) emergency state unemployment insurance grants, and (v) increased Medicaid funding to states, among other things. The House approved the bill on March 17, and President Trump has already indicated he would sign the bill.
SBA Offers Disaster Assistance to NJ Small BusinessesEconomically Impacted by the Coronavirus (COVID-19)
Contact: Michael Lampton, (404) 331-0333, Michael.Lampton@sba.gov
ATLANTA, March 19, 2020– The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to New Jersey small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced yesterday evening. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Philip D. Murphy on March 17, 2020.
La SBA ofrece asistencia en caso de desastre a las pequeñas empresas de New Jersey afectadas económicamente por el Coronavirus (COVID-19)
Contacto: Michael Lampton, (404) 331-0333, Michael.Lampton@sba.gov
Atlanta, 18 de marzo de 2020 - La Agencia Federal para el Desarrollo de la Pequeña Empresa (SBA) por sus siglas en inglés, ofrece préstamos federales de bajo interés para capital de trabajo a las pequeñas empresas de New Jersey que sufren un daño económico sustancial como resultado de la enfermedad del coronavirus (COVID-19), anunció hoy la administradora de SBA, Jovita Carranza. SBA actuó bajo su propia autoridad, según lo dispuesto por la Ley de Asignaciones Suplementarias para la Preparación y Respuesta ante el Coronavirus que fue firmada recientemente por el Presidente, para declarar un desastre a raíz de una solicitud recibida del Philip D. Murphy el 17 de marzo de 2020.
Parsippany, N.J. March 17, 2020— As institutions and citizens across New Jersey and beyond prepare for the growing COVID-19 pandemic, environmental remediation firm EWMA is offering no-cost estimates to businesses in need of antimicrobial and antiviral mitigation, planned and conducted according to guidelines set out by leading health and disease prevention regulatory bodies.
“Our goal is to help get New Jerseyans back to their daily lives as quickly and safely as possible,” said Michael Sylvester, Vice President, EWMA. “One key step in doing so is to make many spaces which once houses diagnosed individuals safe and healthy to occupy once again.”
Author: Bruce Wishnia, ServiceMaster by Timeless, email@example.com
The recent outbreak of a new strain of virus COVID-19 has infected over 100,000 worldwide to date. It is a risk to public health and the communities in Morris County and our regional community. There is no specific cure at this time, but there are guidelines that may cut the risks and help to create a safer environment. This is especially urgent for locations where the public may gather or in the workplace itself.
Safe things to do in Morris County Now
Morris County Tourism Bureau * March 2020
This week we find ourselves in a new world, filled with confusion and anxiety over the Coronavirus. These are challenging times, and there is no playbook. People are working from home, and so are their children. We must find the correct work/life balance, and that will become critical should social distancing persist over weeks and months. Therefore, turn to the experts at the Morris County Tourism Bureau for some of the “safe” things to see and do in Morris County.
Paul Kleschick has been appointed as associate provost, student academic engagement and success for Berkeley College
Berkeley College announced that Paul Kleschick has been appointed as associate provost, student academic engagement and success. Kleschick has held positions of varying responsibility in the registrar and academic affairs areas at American International College, St. Joseph’s University, Georgetown University, Temple University and The Henry M. Jackson Foundation for the Advancement of Military Medicine.
News Around Saint Clare's Health
Saint Clare’s Health has received a number of honors and recognitions. The hospital was awarded an ‘A’ from The Leapfrog Group’s spring 2019 Leapfrog Hospital Safety Grade. The designation recognizes Saint Clare’s efforts in protecting patients from harm and providing safer health care. It received the American Heart Association/American Stroke Association’s Get With The Guidelines Target: Stroke Honor Roll Elite Plus Gold Plus Quality Achievement Award. The award recognizes the hospital’s commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines based on the latest scientific evidence.
The law firm of Norris McLaughlin, P.A., welcomed new member Leonard LaBarbiera to its Real Estate & Finance Group. LaBarbiera focuses his practice on real estate and finance matters, with an emphasis on affordable housing. Prior to joining Norris McLaughlin, he was special counsel to Windels Marx and served as associate general counsel at MTB Banking Corporation. He earned his bachelor of arts degree from Rutgers University, his master’s of business administration from Columbia University and his law degree from Fordham University School of Law.
Barry Petruzzi has been named vice president of Underwriting and Actuarial Services at Delta Dental
Delta Dental of New Jersey (DDNJ) and Delta Dental of Connecticut (DDCT) announced that Barry Petruzzi has been named vice president of Underwriting and Actuarial Services. He joins DDNJ and DDCT from Prudential Financial, where he was vice president and chief actuary of its Actuarial Centers of Excellence.
Spencer Welcomes New Senior Vice President and Director of Commercial & Industrial Lending
Spencer Savings Bank announced the appointment of Juan Oelofse as senior vice president and director of commercial and industrial lending. He will be responsible for managing and directing the activities of the bank’s Commercial & Industrial Lending Department, which specializes in financing business working capital needs, owner-occupied commercial real estate and asset financing such as accounts receivable, inventory and equipment.
News from Atlantic Health Systems
Atlantic Health System announced that the National Cancer Institute (NCI) has designated Atlantic Health as a National Community Oncology Research Program (NCORP) site of the Atlantic Health Cancer Consortium (AHCC). As the first and only New Jersey-based NCORP, AHCC will help develop and implement NCI cancer prevention, screening, care delivery and treatment studies with leading health care systems across the state.
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